Valspar shareholders have voted to approve the company’s proposed acquisition by Sherwin-Williams. The vote took place during Valspar’s recent special meeting of shareholders in Minneapolis.

The transaction is expected to close by the end of Q1 calendar year 2017, and remains subject to customary closing conditions, including the expiration or termination of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act and regulatory approvals in various other jurisdictions.

The $11.3 billion acquisition was originally announced in March. At that time, the transaction had been unanimously approved by the boards of directors of both companies.

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